Highlight Technologies Inc 401(K) Plan — Form 5500 plan (Highlight Technologies Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Highlight Technologies Inc 401(K) Plan is a benefit plan reported by Highlight Technologies Inc under EIN 26-1329304 and plan number 001. The latest loaded filing year is 2023. The filing reports 707 participants and $16,470,886 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.5MPlan net assets, end of year$16,470,886
Participants707Covered participants reported
Assets / participant$23.3KComputed: assets ÷ participants$23,297 (computed)
Provider compensation$48.8K2 Schedule C provider row(s)$48,752
Plan sponsor
Highlight Technologies Inc
EIN
26-1329304
Plan number
001
Plan type
2
Location
Fairfax, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023707H, C20240930103731NAL0003174547001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.5M total assets
Net assets$16.5MLiabilities$0
Money in vs. money out
Total income / additions$6.1M
Total expenses$3M
Benefits paid / distributions$2.9M
Contributions
Employer$817.9K
Participant$2.6M
Full reported line items

Net assets

Total assets (EOY)
$16,470,886
Total liabilities (EOY)
$0
Net assets (EOY)
$16,470,886
Net assets (BOY)
$13,298,145

Income & contributions

Employer contributions
$817,918
Participant contributions
$2,616,885
Total contributions
$3,634,289
Total income / additions
$6,141,581

Expenses & distributions

Benefits paid
$2,856,980
Administrative expenses
$20,300
Total expenses
$2,968,840
Net increase / (decrease)
$3,172,741
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income47%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lpl Financial CorporationSERVICE PROVIDER$0$29,7272023
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$19,025$02023

Related Form 5500 pages